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Nov 24, 2012
11/12
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KQED
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they're saying even though we don't want these tax hikes we're willing to bring in more tax revenue. pete: speaker boehner's reference to the obamacare was in an op-ed he wrote in "the cincinnati enquirer" this week. what is that all about? is that a way of showing the voters how tough they still are and making it easier than to compromise? >> that seems to be what it is. it seems to be a little bit of a tactic and maybe a sop to the base. a lot of conservative republicans are worried about what they see as republicans going squishy. because you have republicans saying that they are willing to abandon the grover norquist no ta pledge. you have republicans making very conciliatory noises about immigration reform. and so the base is concerned that the party is basically just going to go along with democrats on everything. so that may have been a way to reassure conservatives that he hasn't abandoned them. pete: all right, molly. everything here seems to be continued but this is certainly one of them. while avoiding the fiscal cliff will prevent the economy from sliding down into recess
they're saying even though we don't want these tax hikes we're willing to bring in more tax revenue. pete: speaker boehner's reference to the obamacare was in an op-ed he wrote in "the cincinnati enquirer" this week. what is that all about? is that a way of showing the voters how tough they still are and making it easier than to compromise? >> that seems to be what it is. it seems to be a little bit of a tactic and maybe a sop to the base. a lot of conservative republicans are...
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Nov 23, 2012
11/12
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KQED
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eye 256
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but all this talk about the fiscal cliff, the automatic tax riders and spending cuts are unnerving people a little bit. and also we don't know how much people have been biging into their savings earlier in the year. so in spite of positive economic news, people are still going to be cautious and that's going to mean a little bit of growth but not a huge amount. >> sreenivasan: barney jopson of the financial times, thanks for your time. >> thank you. >> sreenivasan: thanksgiving is a time to remember native american life and culture. and that was the life's work of edward curtis, a turn of the century photographer. his story is told in a new biography, "short nights of the shadow catcher" by journalist and author timothy egan, a previous winner of both the pulitzer prize and national book award. jeffrey brown has our book conversation. >> brown: in 1896 edward curtis took this photograph of a woman known as "princess angeline," the last surviving child of the native-american chief for whom the city of seattle was named. it was the first in what would become a decades-long project. one of t
but all this talk about the fiscal cliff, the automatic tax riders and spending cuts are unnerving people a little bit. and also we don't know how much people have been biging into their savings earlier in the year. so in spite of positive economic news, people are still going to be cautious and that's going to mean a little bit of growth but not a huge amount. >> sreenivasan: barney jopson of the financial times, thanks for your time. >> thank you. >> sreenivasan:...
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Nov 24, 2012
11/12
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FBC
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eye 127
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we will not see it unless we raise taxes. >> of course, you don't get growth if you raise tax rates. california and other states the top rate is approaching 50% of business has as much incentive to fire somebody to get a lower cost than to hire somebody to create revenue. hik experi extemporaneous experimentment, california bringing tax levels will we see california aztek merionthe a the coal mine when it comes3 to economic growth in the an ability to support thefleein ever-growing government? >> it is a microcosm what happens to countries that raise their tax rates and entrepreneurs we and welfared recipients come in and there is the unsustainable state of affairs. need while they destroy silicon valley with ultimately our potential. angling foer that everybody is singling for green subsidies and it is a tragedy. >> and the money that hasby this been spent as venture money like solyndra has beendisastrou. disastrous. >> they are a stultifying to dea turn people into a than him uppt blubbering idiot t. >> he now wants us to support him rather than support the country. lou: he is bein
we will not see it unless we raise taxes. >> of course, you don't get growth if you raise tax rates. california and other states the top rate is approaching 50% of business has as much incentive to fire somebody to get a lower cost than to hire somebody to create revenue. hik experi extemporaneous experimentment, california bringing tax levels will we see california aztek merionthe a the coal mine when it comes3 to economic growth in the an ability to support thefleein ever-growing...
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Nov 24, 2012
11/12
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FBC
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eye 116
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tax giving tax cuts to people --out melissa: talking about raising a taxes, i agreegr with you. we have to have people investing, buying, so raising taxes on anyone is then super i crazy. >> yeah, buts if you take tax increases on people spendingss less because they already got af whole bunch of money and investing in ways to get people who do not have as much to spend more, that's efficient. that makes sense. go ahead.ney. melissa: rich people spend a lot of money. >> they have the money, they are spending it.they they will not spend less because they have a marginal tax rate increase. it's not like all the sudden, you know, bloomberg or romney says we can't go to dinner next week. they will still spend money. it's a matter of saying how doho we get people who are not at that level to have conditions where th can spend. melissa: in the 80s, they lower tax rates issue and revenues go up, and revenues, 1981 to 1988, from $599 billion to $909 # billion. i'm just saying if the problem's revenue and you want more money in treasury, there seems that's a period of time we did it ti de
tax giving tax cuts to people --out melissa: talking about raising a taxes, i agreegr with you. we have to have people investing, buying, so raising taxes on anyone is then super i crazy. >> yeah, buts if you take tax increases on people spendingss less because they already got af whole bunch of money and investing in ways to get people who do not have as much to spend more, that's efficient. that makes sense. go ahead.ney. melissa: rich people spend a lot of money. >> they have the...
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Nov 24, 2012
11/12
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CSPAN
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eye 95
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taxes, not your sales taxes or excise taxes. no tax increases. in 2010, august 8, starting in grand junction, colorado, he started to say and repeated verbatim again and again, my plan is that if you earn less than $250,000, i will not raise your income taxes next year. two changes in his promise that did not get talked about on cbs, nbc, cnn, or any of the networks. he just announced that he can do an energy tax tomorrow and not have broken his word. an energy tax, wacking the middle class. he could raise income taxes on people a year from now. which is why what he wanted to do is kick out the bush rates for those making less $250,000 a year. this is where you talk about the dual mandate. we are talking about marginal tax rates, higher income people and successful small businesses. that raises $400 billion -- there are other taxes, in addition to the rate increases he wants to include. over a decade. he has $800 billion he plans to raise from higher income people. the size of the debt -- if he gets that, in his budget, assuming
taxes, not your sales taxes or excise taxes. no tax increases. in 2010, august 8, starting in grand junction, colorado, he started to say and repeated verbatim again and again, my plan is that if you earn less than $250,000, i will not raise your income taxes next year. two changes in his promise that did not get talked about on cbs, nbc, cnn, or any of the networks. he just announced that he can do an energy tax tomorrow and not have broken his word. an energy tax, wacking the middle class. he...
SFGTV2: San Francisco Government Television
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Nov 28, 2012
11/12
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SFGTV2
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eye 92
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we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here from oakland cut -- oakland, i saw those cars in the ordinary lanes. one person per car. you have this one person with all this steel and plastic and oil. it is ridiculous. we're figuring out ways to do that. whether it is high speed rail or electric cars. the first will be rolling off the factory in treatments in the next few months -- in three months and in the next few months. yes, the innovative companies are small. the electric cars -- the tanks are small but so is fairchild or in tal or hewlett-packard -- intel or hewlett-packard or steve jobs. the seats we plan
we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here...
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Nov 28, 2012
11/12
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FOXNEWSW
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eye 130
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we do it through the tax code but the tax code, we are a good example. we are not rich but we are trying to get rich and the tax code goes after those that are trying to get rip. >>neil: isn't california just approved two tax hikes sales and income on your very group. so that is a triple whammy. >>guest: you have to be wired differently to do business in california. you have to extra extra drive. >>neil: why do you do it? >>guest: the weather. >>neil: i will agree with you there. >>guest: our business has to have good weather. we can keep our employees employed year round because it sunny and warm and almost throughout the year, december and january are the exceptions. >>neil: when you say defer deferring to december and january -- let me ask you, if your husband says your business is picking up, that would speak to what the president is saying and to could be the wind at your back? >>guest: i know how hard he works and --. >>neil: your husband? >>guest: yes. >>neil: in the you were talking about your husband? ing he works six days a week and he has done
we do it through the tax code but the tax code, we are a good example. we are not rich but we are trying to get rich and the tax code goes after those that are trying to get rip. >>neil: isn't california just approved two tax hikes sales and income on your very group. so that is a triple whammy. >>guest: you have to be wired differently to do business in california. you have to extra extra drive. >>neil: why do you do it? >>guest: the weather. >>neil: i will agree...
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Nov 27, 2012
11/12
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KRCB
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eye 185
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a family of four earning 50 to $80,000 will see taxes rise by over $2,000 a year. the increase will prompt shoppers to tighten pursestrings by $2 billion. members of the democratic and republican parties oppose an income tax rise for the middle class. democrats want the wealthy to pay more while the republicans ar against such a hike. the parties start talk this week. now let's get a check on the markets. taking a look at the currency market. the euro reached a one-month high of 1.3 against the dollar and that's after the news that the euro zone ministers reached an agreement on the greek bail out. euro dollar quoted at 17.2992. now turning to stocks. tokyo shares are up slightly as bargain hunters are buying back recent decliners. nikkei is at 9,430. some investors are selling exported related shares. now let cease how oths how othe doing. kospi is up. we'll see where china markets take us when they open over the next hour. british financial regulators fined the swiss financial group more than $47 million. they had failed to conduct britain's biggest bank fraud. h
a family of four earning 50 to $80,000 will see taxes rise by over $2,000 a year. the increase will prompt shoppers to tighten pursestrings by $2 billion. members of the democratic and republican parties oppose an income tax rise for the middle class. democrats want the wealthy to pay more while the republicans ar against such a hike. the parties start talk this week. now let's get a check on the markets. taking a look at the currency market. the euro reached a one-month high of 1.3 against the...
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Nov 21, 2012
11/12
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KRCB
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eye 118
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in june he voted against a government plan to raise the consumption tax. the party responded by suspending his membership for three months. he became prime minister in 2009 after leading the democratic party to victory in the lower house election. he could not keep his promise to relocate the u.s. marine corps air station outside japan or at least outside okinawa prefecture, so he resigned in 2010. his government eventually agreed with the u.s. to move the facility to nago okinawa and that was similar to one signed in 2006 when the liberal democratic party held the reins of government. >>> north korean officials are trying to drum up more foreign investment. once again they turned to their main ally china and invited the heads of 40 chinese companies for a week long industrial tour. north krooe's foreign shechlt committee keeps a permanent office in beijing. it is headed by the you thinkel and mentor of leader kim jong un. the office invited the chinese executives to tour mines and lumber mills in and around pinyany. they're already active in north korea a
in june he voted against a government plan to raise the consumption tax. the party responded by suspending his membership for three months. he became prime minister in 2009 after leading the democratic party to victory in the lower house election. he could not keep his promise to relocate the u.s. marine corps air station outside japan or at least outside okinawa prefecture, so he resigned in 2010. his government eventually agreed with the u.s. to move the facility to nago okinawa and that was...
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Nov 27, 2012
11/12
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CSPAN
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these tax cuts. if the tax cuts were so good then the economy should be driving. if you go back to the prior eight years during president clinton's administration. 23 million. 10 years and 7 trillion. the compromise we reach isn't perfect. and we're going to send legislation, the president today that will not only avert a default. he said enough, -- not enough. to assure congress that we will continue working. i will say it again. i appreciate my friend. they've worked in decades past. there's no write why they can't work out. we need to do something because the trigger that kicks in is very, very ditch difficult we need to do this. and it has to be one that's fair. it can be -- there bhust a sharing -- there must be a sharing of sacrifice. it's fair. no revenue is really too bad. we need to have a fair approach to this joint committee. i'm confidence we will do that. the trigger mechanism kicks in. this committee who was going to have the point -- the appointed. we've had two days as early as the senate saying me no revenue. otherwise, the trigger's going to kick
these tax cuts. if the tax cuts were so good then the economy should be driving. if you go back to the prior eight years during president clinton's administration. 23 million. 10 years and 7 trillion. the compromise we reach isn't perfect. and we're going to send legislation, the president today that will not only avert a default. he said enough, -- not enough. to assure congress that we will continue working. i will say it again. i appreciate my friend. they've worked in decades past. there's...
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Nov 21, 2012
11/12
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FBC
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tax hikes are not income tax hikes, they are taxes on investment. the taxes are dramatic and will dramatically change how people think about investing but it does not seem to me like anybody is really thinking about it yet. >> i have been surprised at ho slow this has dawned on the market. now they seem more focused, but i think missing the fact is they have targeted vestment, 3.8% investnt inco, there are potential for higher income taxes anthose tax hikes are layered on top of the peer financial market effects. we did not have the 2008, this is a very dangerous combination. they'r really out of luck. gerri: talk about recession. you also have to talk about what ppens to the average american psyche if the they're faced with increasing income taxes dramatically so. these are taxes across the board, and investing in texas, where is incentive to work, where is the incentive to invest, get up off the couch? speak of these are dramatically antigrowth policies at a ti when growth has to be at a premium,e are going exactly wrong direction. the really frig
tax hikes are not income tax hikes, they are taxes on investment. the taxes are dramatic and will dramatically change how people think about investing but it does not seem to me like anybody is really thinking about it yet. >> i have been surprised at ho slow this has dawned on the market. now they seem more focused, but i think missing the fact is they have targeted vestment, 3.8% investnt inco, there are potential for higher income taxes anthose tax hikes are layered on top of the peer...
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Nov 24, 2012
11/12
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KCSM
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eye 95
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the hu administration avoided a $2-million-year-old tax based on farmers' harvest. it was part of the president's effort to narrow the economic gap between urban and rural areas. hu also worked toward a sweeping consultation of coal mines and chemical plants, which resulted in a reduction in pollution. but the president hasn't been able to control china's income disparity or corruption among its bureaucrats, and so public anger with the government is snarling. migrant workers in cities and students looking for work are among those who are upset. hu also faced dissatisfaction, ethnic minorities and redevelopment. riots erupted in 2008 and in 2009. on the international front, china and hu used the remarkable economic growth to boost its influence. the country hosted the beijing olympics in 2008 and the shanghai expo in 2010. years of economic growth paid off that same year. china surpassed japan in gross domestic product to become the world's second largest economy behind the u.s. the chinese government, with its growing leader, started to flex its muscles in the regi
the hu administration avoided a $2-million-year-old tax based on farmers' harvest. it was part of the president's effort to narrow the economic gap between urban and rural areas. hu also worked toward a sweeping consultation of coal mines and chemical plants, which resulted in a reduction in pollution. but the president hasn't been able to control china's income disparity or corruption among its bureaucrats, and so public anger with the government is snarling. migrant workers in cities and...
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Nov 21, 2012
11/12
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KCSM
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for americans it could be the beginning of simultaneous tax hikes and spending cuts. >> talking about the fiscal cliff and everyone is talking about it including the u.s. federal reserve chairman ben bernanke. he warned the imminent fiscal cliff poses a stashlg threat to the nation's economy and does say cooperation to resolve budget worries could boost u.s. growth. >> the realization of all of the automatic tax increases and spending cuts that make up the fiscal cliff ab isn't offsetting changes would pose a substantial threat to the recovery. >> the central bank chief urged the government and congressional leaders to take prompt action. president obama is negotiating for a resolution with republicans but bernanke says delays in reaching an agreement would raise uncertainty over the u.s. economic outlook. he added avoiding a fiscal cliff is essential for the american economy. bernanke says a plan for resolving the nation's longer term budgetary issues without harming recovery could make 2013 a very good year for americans. japan's trade balance for october sank into the red for a fou
for americans it could be the beginning of simultaneous tax hikes and spending cuts. >> talking about the fiscal cliff and everyone is talking about it including the u.s. federal reserve chairman ben bernanke. he warned the imminent fiscal cliff poses a stashlg threat to the nation's economy and does say cooperation to resolve budget worries could boost u.s. growth. >> the realization of all of the automatic tax increases and spending cuts that make up the fiscal cliff ab isn't...
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Nov 23, 2012
11/12
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FOXNEWSW
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eye 64
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as we stare down the fiscal cliff, are your taxes going up? well, what about those taxes? >> they are going up definitely for higher income americans. if you are in the middle-class, i think it's safe to say that taxes will not go up because politicians on both sides. president, democrats and republicans are not going to allow that to happen. >> greta: unless they put a cap on deductions which is sneaky way they raise war taxes. so tax rates don't change but they get rid of some of your deductions. >> some the proposals is to cap deductions say at $50,000 a year. your home mortgage interest deduction, your ira deduction or even $25,000. both of those would raise, first one would raise about $750 billion, second one $1.2 trillion. let me say this -- most people do not pay that. most do that pay way under, probably 95 plus percent. >> it's a fraud over ten years, when they look at ten years, we're going to have one or two different presidents. that is numbers snu mbers? >> anybody that is looking at ten-year horizon is crazy. but the budget law requires them to do it. i agre
as we stare down the fiscal cliff, are your taxes going up? well, what about those taxes? >> they are going up definitely for higher income americans. if you are in the middle-class, i think it's safe to say that taxes will not go up because politicians on both sides. president, democrats and republicans are not going to allow that to happen. >> greta: unless they put a cap on deductions which is sneaky way they raise war taxes. so tax rates don't change but they get rid of some of...
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Nov 28, 2012
11/12
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KNTV
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eye 198
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cut dilemma. >> every republican in congress signed a no tax pledge created by americans for tax reform chair, grover norquist. now some republicans are abandoning the anti-tax pledge as fast as they abandoned -- what's his name? i got it. don't help me. don't help me. rip flaumbe. >> we recently reported "the on june" satire newspaper named north korean leader kim jong un the sexiest man alive. apparently the joke was lost on china's communist party newspaper. they ended up running a 55-page spread of the leader congratulating him for the title. you can understand how that can be confusing, you know, his fashion sense. >> because i'm gullible? >> a little bit of everything. come on. you've got to have found with it. >> the "two and a half men" with thing, should we believe the video where he was live or the pr statement? >> i think we should believe he makes $350,000 an episode and that's enough said. >>> this is from care 11 news in minneapolis, where a wave of baby blue swept through a maternity ward for three days. delivery room doctors shouted it's a boy 19 consecutive times betwee
cut dilemma. >> every republican in congress signed a no tax pledge created by americans for tax reform chair, grover norquist. now some republicans are abandoning the anti-tax pledge as fast as they abandoned -- what's his name? i got it. don't help me. don't help me. rip flaumbe. >> we recently reported "the on june" satire newspaper named north korean leader kim jong un the sexiest man alive. apparently the joke was lost on china's communist party newspaper. they ended...
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Nov 26, 2012
11/12
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CSPAN2
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eye 73
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he said people the realize how will the people self tax. one ceo of target in phoenix, arizona he has created a museum and has put around 200 million of his own money another friend gave 400 million to a health facility in nebraska, minnesota. bill gates paid 750 million i think to fight aids. we should get rid of touch it -- taxes as much as we can see you can descend have to spend your money rather than the government if you have a certain cause if you want to support it it would be nice if you have the choice for we're headed you'll be taxed in your money taken away it is a question. do believe the government should take your money and spend it for you? forty-one to spend it for you? he went on to say actually it is a surge to tax the productive billionaire guys because of everything they do for us. look at steve jobs, bill gates the government ought to pay them. why they collect money for what they have contributed? he also talks about the 47% and how dangerous they are. so that is a very familiar concept. in a way that this super rich
he said people the realize how will the people self tax. one ceo of target in phoenix, arizona he has created a museum and has put around 200 million of his own money another friend gave 400 million to a health facility in nebraska, minnesota. bill gates paid 750 million i think to fight aids. we should get rid of touch it -- taxes as much as we can see you can descend have to spend your money rather than the government if you have a certain cause if you want to support it it would be nice if...
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177
Nov 24, 2012
11/12
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FBC
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let's have income taxes at 15%, gift taxes at 15%. let's make sure that warren buffett probably starts paying not just like a secretary, a proper percentage. what has been proposed will not have warren buffett paying this percentage. let's have a flat tax. take him at his word and if you make more common you will pay more, not the only way it will happen. lou: the president himself may have been talking to you or steve forbes. >> this is a great time. not only that, let's not forget that the last time that the senate had a budget is when harry reid worked with his friend, and nobody in the 2008 budget complained that they weren't spending enough money. that cuts out a trillion in spending right there. are you concerned about the time that they had taken have taken on this first day of the discussion? >> i was not hopeful that the president's tone. [talking over each other] [talking over each other] lou: are you being partisan here? >> i am not being partisan. i am being objective when i say that the president pays 1.6 trillion in new
let's have income taxes at 15%, gift taxes at 15%. let's make sure that warren buffett probably starts paying not just like a secretary, a proper percentage. what has been proposed will not have warren buffett paying this percentage. let's have a flat tax. take him at his word and if you make more common you will pay more, not the only way it will happen. lou: the president himself may have been talking to you or steve forbes. >> this is a great time. not only that, let's not forget that...
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147
Nov 21, 2012
11/12
by
FBC
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eye 147
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>> you have to stop things like tax hikes. we start raising taxes reducing the amount of money that's going to the economy, it keeps companies trying to play and grow the business, making them think twice about this. if you want to start growing the economy, have to focus on the things that create employment. if you get a good summer back in the market spending money and creating in demand for businesses. and you have to clear the way regular tour lead from government to make it easier for companies to plan. and they cannot plan because of obamacare what will come from tax increases, they sit on cash and wait. david: what you're telling me is the next four years we will not have any growth. >> look, let's be clear about this, you are running a $1 trillion deficit right now. those basically show you that you are going to get you to run 2% growth rate economy for the next decade and that is not strong enough to create the kind of employment, growth and environment economically that she wants to see. you have not seen that since
>> you have to stop things like tax hikes. we start raising taxes reducing the amount of money that's going to the economy, it keeps companies trying to play and grow the business, making them think twice about this. if you want to start growing the economy, have to focus on the things that create employment. if you get a good summer back in the market spending money and creating in demand for businesses. and you have to clear the way regular tour lead from government to make it easier...
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145
Nov 24, 2012
11/12
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CNNW
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eye 145
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many of you count on your income tax refunds to pay off this holiday debt. if we go over that cliff, taxes go up an average of 3,500 a household, that refund is going to be a lot smaller. you won't have that tax refund to pay for all the stuff you don't need right now. the encouraging news, you're not taking the warnings lightly. the national retail federation says about 2/3 of shoppers say the fiscal cliff will affect their holiday spending. that's good. you've gotten the message. and it looks like congress may be getting the message, too. a deal to avert the fiscal cliff is looking more likely. it is. but i've been disappointed by this congress before. millions of americans are counting on you, congress, to save their jobs and their financial futures. do it. we'll all be celebrating like scrooge on christmas morning.
many of you count on your income tax refunds to pay off this holiday debt. if we go over that cliff, taxes go up an average of 3,500 a household, that refund is going to be a lot smaller. you won't have that tax refund to pay for all the stuff you don't need right now. the encouraging news, you're not taking the warnings lightly. the national retail federation says about 2/3 of shoppers say the fiscal cliff will affect their holiday spending. that's good. you've gotten the message. and it looks...
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123
Nov 24, 2012
11/12
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CSPAN2
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eye 123
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i interviewed him in february and asked about taxes, do you think rich people should pay more taxes? he said people don't realize how well the people self tax. there's a fellow who is ceo of target. recreated a museum of music. he put in $200 million of his own money. i have another friend to give $400 million to a facility in south dakota or someplace like that. look at bill gates to gave $750 million to fight aids. we should get rid of taxes as much as we can because you get to decide how you spend your money rather than the government. if you have a certain cause, an art museum and want to support it it would be nice to have the choice to support it. where we are headed you will be taxed, your money taken away and the government will support it. it is a question. do you believe the government should be taking your money and spending it for you or do you want to spend it for you. you went on to say actually, it is absurd to tax the reproductive billionaire guys because of everything they do for us. if you look at what steve jobs has done for us, what bill gates has done for society
i interviewed him in february and asked about taxes, do you think rich people should pay more taxes? he said people don't realize how well the people self tax. there's a fellow who is ceo of target. recreated a museum of music. he put in $200 million of his own money. i have another friend to give $400 million to a facility in south dakota or someplace like that. look at bill gates to gave $750 million to fight aids. we should get rid of taxes as much as we can because you get to decide how you...
SFGTV: San Francisco Government Television
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136
Nov 29, 2012
11/12
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SFGTV
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eye 136
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if the tax industry goes away, who serves the disabled community? do you think uber will do that? i don't think so. how about people that don't have a smart phone? you are not allowed us to compete. the cab companies are not allowing us to compete. uber is hiring drivers with the app. people are independent contractors but it should be able to use any app they want; we need a universal app engine need help us do this, help us get the tools to compete with these people. if you read the article yesterday, the comments, the public hates taxis, they hate the tv screens in back, they hate the mta, the puc, drivers refuse to take them to the sunset, refuse to take credit cards. where is the enforcement? why are you allowing companies to block our dispatch systems. we need the -- this is model because that's what they want. we have to have taxis, insurance, regulation. by the way, willie brown -- how many endorsements from the labor council did you get? shame on you. [indiscernible] >> secretary boomer: last person who turned in the speaker card. >> i'm speaking on behalf of my son. he w
if the tax industry goes away, who serves the disabled community? do you think uber will do that? i don't think so. how about people that don't have a smart phone? you are not allowed us to compete. the cab companies are not allowing us to compete. uber is hiring drivers with the app. people are independent contractors but it should be able to use any app they want; we need a universal app engine need help us do this, help us get the tools to compete with these people. if you read the article...
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Nov 25, 2012
11/12
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CSPAN2
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second, what is the appropriate maximum tax rate on in society. number three how would you narrative the differentials between the worker and the ceo. it was 30 times now today it is 500 times. it is incurred to some degree because china has brought down wages of the american factory workers i think ceo is the issue of governance. if you could give your opinions. >> the 1% cause the 99% status? >> the difficulties of the 99% are a result of a whole host of different things we have talked about. right now the major problem is unemployment, education unemployment, education, a host of financial sector deregulation and lolling predatory lending. you can say a lot is a result to support not by the 1% by the way the influence of money of the political process. it is a result of that. not all of it. but the issue of ceo pay relative to the ordinary workers, a lot of that has to do with corporate governance. if we had stronger was i think that would be curbed. >> is a different ratio here then another country. >> and safeguard just as efficient. >> also
second, what is the appropriate maximum tax rate on in society. number three how would you narrative the differentials between the worker and the ceo. it was 30 times now today it is 500 times. it is incurred to some degree because china has brought down wages of the american factory workers i think ceo is the issue of governance. if you could give your opinions. >> the 1% cause the 99% status? >> the difficulties of the 99% are a result of a whole host of different things we have...
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rate for corporations and we have the lowest of the second lowest tax rate factor tax rate for the top one percent you get people like mitt romney who are paying fifteen percent in income taxes you know no but you know again that's unfair because as dr america to raise more than that and he was giving were. percent of his income to charities. and that makes up for it therefore we shouldn't charge him taxes come on down i mean look at that capital gains is much different than ordinary and if we want to put yeah you don't have to work to get it just so it lands we have to make it we have to make it competitive for people to learn to invest but you people are not going to invest with all of this uncertainty in with the growing cost going into the business the certain affairs government wants to kill people like ok. you know i hope you're well defended if the government's going to get you thanks a lot for being with us they think for having you can talk. now on to some health care and it is residents of cook county illinois are about to see some significant new benefits thanks to president
rate for corporations and we have the lowest of the second lowest tax rate factor tax rate for the top one percent you get people like mitt romney who are paying fifteen percent in income taxes you know no but you know again that's unfair because as dr america to raise more than that and he was giving were. percent of his income to charities. and that makes up for it therefore we shouldn't charge him taxes come on down i mean look at that capital gains is much different than ordinary and if we...
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Nov 26, 2012
11/12
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FBC
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let's have income tax, 15%, gift taxes, 15%, let's make sure that warren buffett finally starts paying at least as much as his secretary, in the percentage, and, what has been proposed, here, by the president, will not have warren buffett paying the same as his secretary, in percentage. let's have a flat tax, lou. let's take the president at his word. if you make more you will pay more and this is the only way that that is going to happen. >> lou: you know i believe the speaker boehner, perhaps the president himself may have been talking to you, talking to steve forbes and others who talked about the possibility of reforming the entire tax code. that could -- >> this is a great time. you know, the kind of time... and, not only that, let's don't forget the last time that the senate had a budget, it was when harry reid worked with his friend, speaker pelosi and nobody in the 2008 budget complained that it wasn't spending enough money. let's go back to 2008. $2.5 trillion, and cuts off a trillion in spending, right there. >> lou: there are all sorts of ways to get there, as you suggest he
let's have income tax, 15%, gift taxes, 15%, let's make sure that warren buffett finally starts paying at least as much as his secretary, in the percentage, and, what has been proposed, here, by the president, will not have warren buffett paying the same as his secretary, in percentage. let's have a flat tax, lou. let's take the president at his word. if you make more you will pay more and this is the only way that that is going to happen. >> lou: you know i believe the speaker boehner,...
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Nov 29, 2012
11/12
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KGO
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will lawmakers send americans off the fiscal cliff with a huge tax increase? the president asks middle class people to help make his case for action. >>> triple threat. three big storms, one after the other, about to pound the west coast. >>> and, made in america. do you want to make a difference, creating american jobs? david muir tonight shows us how to do it together for a happy holiday. >> we're in! >> we're in! >>> good evening. right now, millions and millions of americans are lining up to take a chance on a giant dream. a powerball ticket that could be worth more than half a billion dollars. the biggest in its history. the drawing is tonight. and some people have been willing to wait 2 1/2 hours in the long lines in arizona, while coast to coast, tickets are flying across the counters, 130,000 sold every minute. and that adds up to 7 million tickets sold every hour. so, we asked abc's steve osunsami to make his way into the vault where the lottery balls are kept under lock and key and tell us about all the americans hoping tonight is their night. >> rep
will lawmakers send americans off the fiscal cliff with a huge tax increase? the president asks middle class people to help make his case for action. >>> triple threat. three big storms, one after the other, about to pound the west coast. >>> and, made in america. do you want to make a difference, creating american jobs? david muir tonight shows us how to do it together for a happy holiday. >> we're in! >> we're in! >>> good evening. right now, millions...
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Nov 21, 2012
11/12
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CNBC
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i mentioned the tax issues. >> the tax issues people have shown that they don't care about it. we have seen it. people still don't change the buying habits yet. >> my point. >> you like the samsung. >> and i own google. it is the closest to creating its own ecosystem to the likeness of the apple. they are every place. they give you so many choices. you don't have the one stop shopping with the iphone. you get the phones and everything else that comes along with it. >> everything else? search is the biggest thing. self drive car. >> look at those legs. >> i have great legs. >> that was a few years before. >> now you can really lift the packages. >> it's a family show. >> i meant packages. >> it's a family show. put a ribbon on that. >>> jane wells joins us with a look at what is going on next. >> nice package, guy. we are going to talk poker, football and if people left their hearts in san francisco where did they leave their brains? we will find out after the break. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to pr
i mentioned the tax issues. >> the tax issues people have shown that they don't care about it. we have seen it. people still don't change the buying habits yet. >> my point. >> you like the samsung. >> and i own google. it is the closest to creating its own ecosystem to the likeness of the apple. they are every place. they give you so many choices. you don't have the one stop shopping with the iphone. you get the phones and everything else that comes along with it....
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Nov 28, 2012
11/12
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CURRENT
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bush, he created a tax break for suvs. so we should extend the one that we have for electric cars which actually benefit the planet. we need tax credits for these early electric vehicles until the price of making an electric vehicle comes down to the price for making a regular old gasoline-powered internal combustion engine. not a permanent commitment. don't get your pants in a wad. but a glide path to energy independence, to jobs, to national security, to reducing climate change. anti-obama partisans and those who are beholden to the oil industry you need to get over it. get over the election. get over it, rush limbaugh. support american products and american jobs. get over it! get over it, neil cavuto, support the great manufacturing sector. quit aiding and abetting our economic competitors. they're lapping this up. start aiding and abetting our economic growth. the progress in electric cars is a true, american success story and those who want general motors or electric vehicles to fail they are motivated by nothing but
bush, he created a tax break for suvs. so we should extend the one that we have for electric cars which actually benefit the planet. we need tax credits for these early electric vehicles until the price of making an electric vehicle comes down to the price for making a regular old gasoline-powered internal combustion engine. not a permanent commitment. don't get your pants in a wad. but a glide path to energy independence, to jobs, to national security, to reducing climate change. anti-obama...
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Nov 26, 2012
11/12
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CSPAN
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minimum tax. is there a reason or desire in the white house to have a more permanent pass on that? >> one of the problems that we face with our tax policy is lack of certainty. the alternative minimum tax in particular has extra inflation that causes an ad hoc adjustments every year and creates uncertainty. i do not want to go beyond that. that is not something that we listed in the report. >> i would like to bring in today, cyber-monday, and black friday into the equation. how would retail sales from today and friday helped retail sales going into the economy? how does it affect this economy and the economic situation right now? what will the effect be if we did not have middle-class tax cuts any more? could you give us today and next year possibilities? >> retail spending is extremely important for the economy. as you mentioned, consumption accounts for 70% of our gross domestic product. to put the figure in context, if no class tax cuts are not extended and spending falls next year, that is fou
minimum tax. is there a reason or desire in the white house to have a more permanent pass on that? >> one of the problems that we face with our tax policy is lack of certainty. the alternative minimum tax in particular has extra inflation that causes an ad hoc adjustments every year and creates uncertainty. i do not want to go beyond that. that is not something that we listed in the report. >> i would like to bring in today, cyber-monday, and black friday into the equation. how...
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Nov 25, 2012
11/12
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CSPAN2
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that's about six elion and tax breaks and 6 billion in direct expenditures. we are pursuing a vision of green jobs that makes no sense and has low income americans. we brainwash our children to think green is good and think uncritically about green products and green jobs. yet we can't even define what a green job aids. let's start with green jobs. the bureau of labor statistics has five definitions of the 3.1 million green jobs is calculated, namely energy from renewable sources, energy efficiency, energy pollution reduction and removal, natural resource conservation and environmental compliance, education and training public awareness. when i was testifying on capitol hill before the house energy and calmness committee they had a paper cup in front of me. often they have a bottle of water come up at this time they had a bottle of water and a paper cut. power to save energy on the other side. since this that the definition of education, training and public awareness, the workers who made it green jobs. if they had just said a plain white cup, the people who
that's about six elion and tax breaks and 6 billion in direct expenditures. we are pursuing a vision of green jobs that makes no sense and has low income americans. we brainwash our children to think green is good and think uncritically about green products and green jobs. yet we can't even define what a green job aids. let's start with green jobs. the bureau of labor statistics has five definitions of the 3.1 million green jobs is calculated, namely energy from renewable sources, energy...
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Nov 27, 2012
11/12
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FBC
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taxed, you are still way ahead of the game. i think it is a lot of noise about nothing. liz: elliot, what kind of noise are you hearing down at the nymex? i mean once again we are hovering around $87 a barrel. natural gas took a bit hit yesterday, up a tiny bit today. elliot? can we hear him? we don't have his microphone. bummer. but you know what he would say? my guess is as good as yours, liz. thank you very much, guys. elliot we will get you next time. sorry about that. look at him. he's all bummed out. it happens. the hamster falls off the treadmill. thanks guys. chief investment strategist at morgan stanley, one of the most respected chief investment strategists says there are three ps that every investor needs to have on their radar. you moved some of your money out of cash and bond funds into what? >> we put money into european stocks liz and we put some money into high quality large cap u.s. growth companies. >> why europe? >> number one, we think the valuations are at historic lows versus the u.s. and versus long-term
taxed, you are still way ahead of the game. i think it is a lot of noise about nothing. liz: elliot, what kind of noise are you hearing down at the nymex? i mean once again we are hovering around $87 a barrel. natural gas took a bit hit yesterday, up a tiny bit today. elliot? can we hear him? we don't have his microphone. bummer. but you know what he would say? my guess is as good as yours, liz. thank you very much, guys. elliot we will get you next time. sorry about that. look at him. he's all...
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Nov 25, 2012
11/12
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CNNW
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capital gains taxes rise from 15% to 20% for most people who file taxes. taxes on dividends rise from 15% to your top income tax rate which could be depending how much you earn, as much as 39.6%. given that a lot of people rely on those dividends for their income, it's no surprise to see some of the highest dividend-yielding stocks get slammed in the past few weeks. take a look at some of those. but as i've been saying, today, if we can get past this fiscal cliff standoff, there are going to be a lot of opportunities for businesses to blossom and investors to make money, even if there are higher taxes on the horizon. mike holland makes money for his clients. good to see you, welcome to the program. i haven't talked to you for a while. tell me about this drop from november 7th, first of all. how much of that is fear of fiscal cliff, how much of it is people who don't like obama, what was that? >> it's all the aboff. you used the word heebie jeeb bebefore, that's a good, professional description of what's going on. it's an exextension of what we've had since
capital gains taxes rise from 15% to 20% for most people who file taxes. taxes on dividends rise from 15% to your top income tax rate which could be depending how much you earn, as much as 39.6%. given that a lot of people rely on those dividends for their income, it's no surprise to see some of the highest dividend-yielding stocks get slammed in the past few weeks. take a look at some of those. but as i've been saying, today, if we can get past this fiscal cliff standoff, there are going to be...
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Nov 26, 2012
11/12
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it is all tax money. it is not suspicious. the textbook folks are getting a little closer to the classroom there. a little more suspicious. that part of the sector is dominated by for-profit players, whether the old line textbook providers are those transitioning into the new digital age and thinking more a online adapted products. it is much lower heat from the conversation. the closer you get to the classroom, how about school operators that contract with the local school district? a for-profit company running one are two schools or a network of schools and having a goal at the end of the year to have money left over to reinvest in the business to make a better and to return over some time to return to shareholders. even at harvard business school, a very small percentage of this was ok. it seemed the paradigm was what kind of activities to be the same the public sector has a legitimate right to provide. therefore it seems an encroachment from the private sector trying to somehow capture rents that are somehow more appropria
it is all tax money. it is not suspicious. the textbook folks are getting a little closer to the classroom there. a little more suspicious. that part of the sector is dominated by for-profit players, whether the old line textbook providers are those transitioning into the new digital age and thinking more a online adapted products. it is much lower heat from the conversation. the closer you get to the classroom, how about school operators that contract with the local school district? a...
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Nov 28, 2012
11/12
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KPIX
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will the tax deduction for your mortgage be sacrificed to fix the federal budget? nancy cordes and dean reynolds look at the proposals. elizabeth palmer shows us what a dictatorship doesn't want you to see: the ruin of a nation in civil war. and africa's mighty elephants are slaughtered for their tusks. so who's buying that illegal ivory? holly williams shows us in a hidden camera investigation. >> oh, wow. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. today susan rice had high hopes for what might have been the most important diplomatic mission of her career so far. but the u.s. ambassador to the united nations' attempt to reach agreement with republican senators today failed. rice is a favorite of the president's to be nominated as secretary of state to replace hillary clinton. if he does nominate race, she would have to be approved by the senate. margaret brennan is covering for us tonight. margaret? >> reporter: good evening, scott. ambassador rice asked for the meetings on capitol hill today in hopes of
will the tax deduction for your mortgage be sacrificed to fix the federal budget? nancy cordes and dean reynolds look at the proposals. elizabeth palmer shows us what a dictatorship doesn't want you to see: the ruin of a nation in civil war. and africa's mighty elephants are slaughtered for their tusks. so who's buying that illegal ivory? holly williams shows us in a hidden camera investigation. >> oh, wow. captioning sponsored by cbs this is the "cbs evening news" with scott...
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Nov 29, 2012
11/12
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CNBC
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so if we raise everyone's taxes, it'll be a $2 trillion tax increase. well, if we raise it only on the rich which the president wants to do and the democrats, that's 40% of the nation's income. so it'll be a $900 billion tax increase. it isn't about who the tax increase is on. that's simply envy and class warfare. it's about how much money you're going to take out of the private sector. $900 billion taken from the private sector is an enormous drain and will hurt economic growth. doesn't matter whether it's rich people, middle class or poor people. it's money taken out of the productive sector, the private sector, and given to the nonproductive sector, the government. >> finally, we started the conversation talking about the pledge. when senator graham does, though, indicate his commitment is softening, do you have words with him later on? does he get scolded behind the scenes? >> i don't do any scolding. it's not my job to tell other senators or congressman how to vote or what to think. i try to communicate what i think is the message of our party. the
so if we raise everyone's taxes, it'll be a $2 trillion tax increase. well, if we raise it only on the rich which the president wants to do and the democrats, that's 40% of the nation's income. so it'll be a $900 billion tax increase. it isn't about who the tax increase is on. that's simply envy and class warfare. it's about how much money you're going to take out of the private sector. $900 billion taken from the private sector is an enormous drain and will hurt economic growth. doesn't matter...
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Nov 28, 2012
11/12
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FBC
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by entities real-estate taxes and income taxes? you are buying into that? sandra: i have to believe in it. property taxes are very high but illinois is better off than a lot of the other 11 states mentioned in this forum to write a. there are 105 acres in illinois for every 100 givers and as many other states that are far worse off, where are you going to go? i choose to believe in my own state. texas is far better off. what you going to do in texas? work in the oil industry? you have proximity to your job. stuart: i couldn't do this show from texas. sandra: i am not willing to give up that quickly. stuart: get your views later. we will hear from you later. charles: whatever steve said. stuart: a moment ago with you heard my take on the california so-called come back, now we are going to hear from california's own mike reagan from reagan.com. welcome back. headline in the new york times you know what i'm talking about. california finds economic gloom starting to lift and the premise of their argument is those tax increases will produce a budget surplus in c
by entities real-estate taxes and income taxes? you are buying into that? sandra: i have to believe in it. property taxes are very high but illinois is better off than a lot of the other 11 states mentioned in this forum to write a. there are 105 acres in illinois for every 100 givers and as many other states that are far worse off, where are you going to go? i choose to believe in my own state. texas is far better off. what you going to do in texas? work in the oil industry? you have proximity...
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Nov 24, 2012
11/12
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CNNW
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eye 190
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capital gains taxes rise from 15% to 20% for most people who file taxes. taxes on dividends rise from 15% to your top income tax rate, which could be, depending on how much you earn, as much as $39.5%. given a lot of people rely on those for their income, it's no surprise to see some of the highest dividend yielding stocks get slammed in the past few weeks. as i have been saying, today, if we can get past this fiscal cliff standoff, there are going to be a lot of opportunities for b businesses to blossom and investors to make money. even if there are higher taxes on the horizon. mike is the chairman of holland and company. welcome to the program. i haven't talked to you for a while. tell me about the drop from november 7th, first of all. how much of that is fear of the fiscal cliff? how much of that is people who don't like obama? what was that? >> it's all of the above. you used the word heebie-jeebies before. it's a good professional description of what is going on and an extension of what's been going on since 2008. people have had a negative psychology
capital gains taxes rise from 15% to 20% for most people who file taxes. taxes on dividends rise from 15% to your top income tax rate, which could be, depending on how much you earn, as much as $39.5%. given a lot of people rely on those for their income, it's no surprise to see some of the highest dividend yielding stocks get slammed in the past few weeks. as i have been saying, today, if we can get past this fiscal cliff standoff, there are going to be a lot of opportunities for b businesses...
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Nov 26, 2012
11/12
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KPIX
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. >> i would be very much opposed to raising tax rates. but i do believe we can close a lot of loopholes. >> reporter: and democrats say just closing loopholes and cutting deductions isn't enough. >> you've got to raise additional revenues, including tax rates on the wealthy. >> those have to go up? >> they have to go up. >> reporter: in any deal, republicans insist on big cuts to entitlement programs like medicare and social security. now taxes are getting all the attention right now but these talks also need to address the federal debt limit. it's set by law at $16.4 trillion. the nation is already approaching the national debt of $16.3 trillion. nobody wants a repeat of that summer standoff we went through last year. >> certainly so. susan mcginness in washington this morning, thank you so much. >>> while washington is worried about the fiscal cliff it appears the average american is looking to spend. the holiday shopping season got started in record fashion thanksgiving night and the spending spree lasted through the weekend. according
. >> i would be very much opposed to raising tax rates. but i do believe we can close a lot of loopholes. >> reporter: and democrats say just closing loopholes and cutting deductions isn't enough. >> you've got to raise additional revenues, including tax rates on the wealthy. >> those have to go up? >> they have to go up. >> reporter: in any deal, republicans insist on big cuts to entitlement programs like medicare and social security. now taxes are getting...
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Nov 28, 2012
11/12
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CSPAN2
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is the prime minister guilty of tax of points for tax evasion? >> $900 million into specific majors of tax avoidance. all these schemes grew up under years of labour government. they never did a general tax avoidance. they presided over a system where people in the city were paying less taxes than their cleaners and the government has sorted out. >> not to be remembered as the prime minister introduced regulation of the press, an essential part of a free democracy. would you agree with me that regulation derives -- you are pregnant or not pregnant. you either have state regulation or you don't. there is no alternative third way. >> i would agree with my hon. friend. is it a free press? absolutely vital for free democracy? we should recognize all the press has done and should continue to do to uncover wrongdoing, stand up to the powerful. whatever changes we make we want a robust and free press in our country. >> research by the charity save the children, reveals shockingly that in our country when seven children does not have a warm coat this win
is the prime minister guilty of tax of points for tax evasion? >> $900 million into specific majors of tax avoidance. all these schemes grew up under years of labour government. they never did a general tax avoidance. they presided over a system where people in the city were paying less taxes than their cleaners and the government has sorted out. >> not to be remembered as the prime minister introduced regulation of the press, an essential part of a free democracy. would you agree...
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and regulation the first forty million of excise taxes under the under the amendment well actually go to a public school systems fund so people need to think about things like this as well whereas a lot of this money right now or all of this money is essentially going to drug gangs and cartels six thousand people were killed in mexico in the last six years based on drug violence this money is not going to their coffers any more it's going to be going to potentially public schools so i think that's a great thing we'll see what the feds decide to do on this eric holder has been in the past very critical of similar amendments and initiatives so we'll see if they come in crackdown but the people of colorado spoken and it will be interesting to see if if we implement if we can implement it without a hitch. i don't think we have much time to get into this but i we did get to touch on it it's interesting that the banks apparently don't know what to do if they're allowed to allow marijuana growers or businesses to bank with them because they could be violating federal regulations about money
and regulation the first forty million of excise taxes under the under the amendment well actually go to a public school systems fund so people need to think about things like this as well whereas a lot of this money right now or all of this money is essentially going to drug gangs and cartels six thousand people were killed in mexico in the last six years based on drug violence this money is not going to their coffers any more it's going to be going to potentially public schools so i think...
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Nov 22, 2012
11/12
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CSPAN2
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we do have obviously a gross tax rate and net tax rate. so i think you need to broaden the base, but you have to look at the rate. the other topic is repatriation of funds. again, i'll use her example. suppose stockholm's stock exchange will celebrate the 105th the year anniversary february next year. so we make a dollar in stock that is taxed in stockholm and for us to bring that money home to invest in the states would be taxed again. we are not going to do that. it's not going to happen so that creates the action where the logical action where we make sure that we make that an invest but it's not a coincidence the last three acquisitions we have done from companies domiciled outside the u.s. and were able to use what we call our trapped cash. so you need to have some sensible coming in now, adjustment to the policy. >> a different kind of question with an event in new york last week, the clearinghouse event and there is a lot of wringing of hands about the reputation around wall street. a lot of banks, a lot of other people on wall stre
we do have obviously a gross tax rate and net tax rate. so i think you need to broaden the base, but you have to look at the rate. the other topic is repatriation of funds. again, i'll use her example. suppose stockholm's stock exchange will celebrate the 105th the year anniversary february next year. so we make a dollar in stock that is taxed in stockholm and for us to bring that money home to invest in the states would be taxed again. we are not going to do that. it's not going to happen so...